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Social Capital and Economic Cooperation

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  • Robison, Lindon J.
  • Hanson, Steven D.

Abstract

The socioeconomic movement is an effort to better explain human behavior by combining insights of economists and sociologists. This paper contributes to the socioeconomic literature by including the influence of relationships, values, and social bonds in the neoclassical economic model by introducing social capital coefficients. The usefulness of the resulting social capital model is demonstrated theoretically in a two-firm cooperative model and tested empirically using data from a survey of students who allocate their time between individual and joint projects.

Suggested Citation

  • Robison, Lindon J. & Hanson, Steven D., 1995. "Social Capital and Economic Cooperation," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 27(1), pages 43-58, July.
    • Handle: RePEc:cup:jagaec:v:27:y:1995:i:01:p:43-58_01
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    References listed on IDEAS

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    1. Robert H. Frank & Thomas Gilovich & Dennis T. Regan, 1993. "Does Studying Economics Inhibit Cooperation?," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 159-171, Spring.
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    6. Guth, Werner & Schmittberger, Rolf & Schwarze, Bernd, 1982. "An experimental analysis of ultimatum bargaining," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 367-388, December.
    7. Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard, 1986. "Fairness as a Constraint on Profit Seeking: Entitlements in the Market," American Economic Review, American Economic Association, vol. 76(4), pages 728-741, September.
    8. Robison, Lindon J. & Schmid, A. Allan, 1994. "Can Agriculture Prosper Without Increased Social Capital?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 9(4), pages 1-3.
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    Cited by:

    1. Gillespie, Jeffrey M. & Davis, Christopher G. & Rahelizatovo, Noro C., 2004. "An Evaluation of U.S. Hog Producer Preferences Toward Autonomy," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(3), pages 1-16, December.
    2. Fiorillo, Damiano & Sabatini, Fabio, 2011. "Quality and quantity: the role of social interactions in individual health," AICCON Working Papers 84-2011, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    3. Robinson, Lindon J. & Siles, Marcelo E., 1999. "Social capital and household income distributions in the United States: 1980, 1990," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(1), pages 43-93.
    4. Lopez-Rodriguez, Patricia & De la Torre Garcia, Rodolfo, 2000. "Closing the gap: the link between social capital and microfinance services," MPRA Paper 22974, University Library of Munich, Germany, revised Jun 2009.
    5. Schmid, A. Allan & Robison, Lindon J., 1995. "Applications Of Social Capital Theory," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(1), pages 1-8, July.
    6. Robison, Lindon J. & Schmid, A. Allan & Barry, Peter J., 2002. "The Role of Social Capital in the Industrialization of the Food System," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 31(1), pages 1-10, April.
    7. Robison, Lindon J. & Siles, Marcelo E. & Schmid, A. Allan, 2002. "Social Capital And Poverty Reduction: Toward A Mature Paradigm," Agricultural Economic Report Series 10941, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    8. Cornelia Flora, 2001. "Access and control of resources: Lessons from the SANREM CRSP," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 18(1), pages 41-48, March.
    9. Park, William M., 2001. "Searching For The Heart Of Agricultural Economics With 20/20 Vision," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(2), pages 1-15, August.
    10. Robison, Lindon J. & Siles, Marcelo E., 1997. "Social Capital and Household Income Distributions in the United States: 1980, 1990," Agricultural Economic Report Series 201434, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    11. Iulie Aslaksen & Kjell Arne Brekke, 2000. "Valuation of Social Capital and Environmental Externalities," Discussion Papers 277, Statistics Norway, Research Department.
    12. Folland, Sherman, 2007. "Does "community social capital" contribute to population health?," Social Science & Medicine, Elsevier, vol. 64(11), pages 2342-2354, June.
    13. Robison, Lindon J. & Hanson, Steven D., 1996. "Social Capital And Risk Responses," Staff Paper Series 11504, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    14. Zhang, Zhenyu & Lynne, Gary D., 2006. "Is Individual Behavior Oriented to Self-interest, Other-interest or both? Empirical Evidence from a Case Study of Social Capital," 2006 Annual meeting, July 23-26, Long Beach, CA 21198, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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